RAK
KHR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Rake Finance(RAK) to Cambodian Riel(KHR). This is the real-time data. The current conversion shows 1 RAK at a value of 1 RAK for 26,227.58 KHR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
KHR information
About Cambodian Riel (KHR)
The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.
Historical Background
The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.
Design and Symbolism
The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.
Economic Role
The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.
Monetary Policy and Inflation
Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.
International Trade and the Cambodian Riel
The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.
Remittances and the Economy
Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.
Bitget crypto-to-fiat exchange data shows that the most popular Rake Finance currency pair is the RAK to KHR, with for Rake Finance's currency code being RAK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KHR.
RAK to KHR conversion rate trend
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In the past 1D, Rake Finance has changed +2.54% to KHR. Based on the trend and price charts, Rake Finance(RAK) has changed +2.54% to KHR while Cambodian Riel(KHR) has changed % to RAK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ៛26,256.34 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/16 08:32:34(UTC+0)
How to buy Rake Finance
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Rake Finance (RAK)
Use a variety of payment options to buy Rake Finance on Bitget. We'll show you how.
Buy RAK (or USDT) for KHR (Cambodian Riel) offers
Bitget P2P trading does not currently support direct buying of RAK with KHR. However, you can buy USDT in Bitget P2P trading first, and then buy RAK with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RAK (or USDT) for KHR (Cambodian Riel) offers
Bitget P2P trading currently does not support direct selling of RAK to KHR. However, you can first exchange RAK for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Rake Finance to Cambodian Riel?
Rake Finance to Cambodian Riel is rising this week.Rake Finance's current market price is ៛ 26,227.58 per RAK, with a total market cap of ៛ 0 KHR based on a circulating supply of -- RAK. The trading volume of Rake Finance has changed by +2.95% (៛ 6,676,731.87 KHR) in the last 24 hours. Last trading day, RAK's trading volume was ៛ 226,652,585.59.
Market cap
$0
24h volume
$57.58K
Circulating supply
0 RAK
Conversion tables
The exchange rate of Rake Finance is increasing.1 RAK is currently valued at ៛ 26,227.58 KHR , which means buying 5 RAK will cost ៛ 131,137.89 KHR . Similarly, ៛1 KHR can be traded for 0.{4}3813 RAK, and ៛50 KHR can be converted to 0.001906 RAK, excluding any platform or gas fees.
The exchange rate of 1 RAK to Cambodian Riel has changed by +7.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.54%, reaching a high of 26,256.34 KHR and a low of 25,095.99 KHR . One month ago, the value of 1 RAK was ៛ 24,056.56 KHR , which represents a +9.02% change from its current value. Over the last year, Rake Finance has changed by , resulting in a change of -36.84% in its value.
-៛
15,297.23KHRRAK to KHR
Amount
14:37 today
0.5 RAK
៛13,113.79
1 RAK
៛26,227.58
5 RAK
៛131,137.89
10 RAK
៛262,275.79
50 RAK
៛1,311,378.93
100 RAK
៛2,622,757.86
500 RAK
៛13,113,789.29
1000 RAK
៛26,227,578.57
KHR to RAK
Amount14:37 today
0.5KHR0.{4}1906 RAK
1KHR0.{4}3813 RAK
5KHR0.0001906 RAK
10KHR0.0003813 RAK
50KHR0.001906 RAK
100KHR0.003813 RAK
500KHR0.01906 RAK
1000KHR0.03813 RAK
Today vs. 24 hours ago
| Amount | 14:37 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAK | $3.24 | $3.16 | +2.54% |
| 1 RAK | $6.47 | $6.31 | +2.54% |
| 5 RAK | $32.36 | $31.56 | +2.54% |
| 10 RAK | $64.73 | $63.13 | +2.54% |
| 50 RAK | $323.64 | $315.63 | +2.54% |
| 100 RAK | $647.28 | $631.26 | +2.54% |
| 500 RAK | $3,236.41 | $3,156.32 | +2.54% |
| 1000 RAK | $6,472.82 | $6,312.65 | +2.54% |
Today vs. 1 month ago
| Amount | 14:37 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAK | $3.24 | $2.97 | +9.02% |
| 1 RAK | $6.47 | $5.94 | +9.02% |
| 5 RAK | $32.36 | $29.69 | +9.02% |
| 10 RAK | $64.73 | $59.37 | +9.02% |
| 50 RAK | $323.64 | $296.85 | +9.02% |
| 100 RAK | $647.28 | $593.7 | +9.02% |
| 500 RAK | $3,236.41 | $2,968.51 | +9.02% |
| 1000 RAK | $6,472.82 | $5,937.02 | +9.02% |
Today vs. 1 year ago
| Amount | 14:37 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAK | $3.24 | $5.12 | -36.84% |
| 1 RAK | $6.47 | $10.25 | -36.84% |
| 5 RAK | $32.36 | $51.24 | -36.84% |
| 10 RAK | $64.73 | $102.48 | -36.84% |
| 50 RAK | $323.64 | $512.4 | -36.84% |
| 100 RAK | $647.28 | $1,024.81 | -36.84% |
| 500 RAK | $3,236.41 | $5,124.04 | -36.84% |
| 1000 RAK | $6,472.82 | $10,248.08 | -36.84% |
Rake Finance price prediction
What will the price of RAK be in 2025?
Based on RAK's historical price performance prediction model, the price of RAK is projected to reach $8.92 in 2025.
What will the price of RAK be in 2030?
In 2030, the RAK price is expected to change by -16.00%. By the end of 2030, the RAK price is projected to reach $11.21, with a cumulative ROI of +77.27%.
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Popular Rake Finance conversions
Check out these popular currency conversions of Rake Finance to several fiat currencies.
Rake Finance to USD
1 RAK to $ 6.47 USD
Rake Finance to GBP
1 RAK to £ 5.13 GBP
Rake Finance to EUR
1 RAK to € 6.14 EUR
Rake Finance to KRW
1 RAK to ₩ 9,035.57 KRW
Rake Finance to CAD
1 RAK to $ 9.13 CAD
Rake Finance to AUD
1 RAK to $ 10.02 AUD
Rake Finance to JPY
1 RAK to ¥ 998.98 JPY
Rake Finance to BRL
1 RAK to R$ 37.52 BRL
Rake Finance to CNY
1 RAK to ¥ 46.84 CNY
Rake Finance to TWD
1 RAK to NT$ 210.22 TWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Rake Finance and KHR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Rake Finance and KHR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Rake Finance in KHR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
